If SMU is added by the ACC as is reported, it is essentially an admission by the ACC that they are going to cease to exist in 10 years.
SMU is a negative value driver on a per-team payout in any future media contract. They are only accretive now because they are not taking any money for 7 years. But once they are granted equal payout in 7 years as reported, they actually drive down the revenue for ACC member schools. So if this is deal is accepted, it is essentially an admission that more than half of the ACC is committed to be in a different conference by the next media deal and have no interest in trying to salvage the ACC. We knew 100% that FSU and Clemson felt this way, but if this vote goes through, it means that the remaining top ACC schools (Virginia, UNC, NC State, VT, etc) are all pot-committed to blowing up the ACC.
Exactly. It remains to be seen if Stanford and Cal are net negatives for the ACC. Apparently, they are net negatives for the B1G or they would have received invites too. Those two schools are perfect for the B1G in every way except media value.